Top 5 InsurTech VC (Venture Capital) Funds in Turkey in April 2025

Last updated: Apr 2025 A list of 5 VC (Venture Capital) funds that invest in Insurtech startups based in Turkey. We rank investors based on the number of investments they made in Insurtech companies from Turkey. We update this investor list every month.

Top 5 InsurTech VC (Venture Capital) Funds in Turkey in April 2025

Investor	InsurTech Turkey investments
Sabancı Ventures	4
StartersHub	2
Heaventures	1
ITUARI Teknokent	1
Q Angels	1

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Investor list

Sabancı Ventures is an investment arm that invests in technology and innovation-based companies in different sectors.

Investment focus

Information Technology, Software, SaaS
Seed, Series A, Funding Round
Turkey, United States, United Kingdom

Portfolio highlights

ecoLocked — ecoLocked is your partner to create a climate-positive built environment. We develop CO2-optimized recipes for concrete based on carbon-negative biochar admixes. Our admixes allow to store captured CO2 in buildings, reduce direct emissions from concrete production, and provide multiple functional benefits, such as improved thermal insulation.
Albert Health — 50% of people with chronic diseases do not take medications as prescribed. Improper medication use, especially for elderly patients, leads to hospitalizations and costs insurers billions of dollars. Current apps in the market are too complicated and difficult to use for the elderly who suffer the most from chronic diseases. Albert is a voice-basedhealth assistant which is accessible through mobile app, Amazon Alexa and Google assistant. Our machine learning algorithms create a unique conversational medication management experience. Elderly patients don’t have to text anymore. They will talk with Albert to manage their medications in an easy and effortless way. Patients can easily track health measurements, keep medical diary and set pill reminder by voice command. Furthermore, “Caregiver Mode” allows family members to manage and monitor their relatives’ treatment remotely. Albert helps elderly patients to take the right dose at the right time and help insurers to have less medical expenses, more satisfied customers.
Novus Technologies — Novus is a communication technologies company whose products focus on productivity and creativity in content creation using the state-of-the-art approaches in Artificial Intelligence.

An early-stage VC that backs, mainly but not limited to, Turkey & CEE's founders who work to disrupt the system for good.

Investment focus

Software, Artificial Intelligence, Information Technology
Seed, Pre-Seed, Convertible Note
United States, Turkey, Latvia

Portfolio highlights

Cubtale — Cubtale is a care guidance and coordination platform for your baby. You can track breastfeeding, vitamins, medicine, sleep, diaper changes, formula or pumped milk. You can analyze your baby's growth and compare it with health guidelines and share with doctors. You can schedule time with lactation and sleep experts.
IDENFIT — Cloud based human resources software and workforce management. Idenfit online human resources and workforce management software brings a holistic approach to human resources functions and it helps you to review and manage hr processes all in one place. Idenfit is cloud based HR software for SMEs as well as international companies that have outgrownspreadsheets. We automate many of the most tedious HR functions and create time for you to do meaningful work. Whether you’re an employee trying to request time-off or an HR manager looking forward to grow and develop your company’s workforce, Idenfit is your all-in-one HR management solution.
PulpoAR — PulpoAR provides omnichannel AR commerce virtual try-on solutions for beauty brands and e-commerce platforms.

Heaventures strives to join in exceptional early-stage startups as a team member and contribute with its time, expertise, network and money.

Investment focus

SaaS, Software, Information Technology
Seed, Pre-Seed, Series A
Turkey, United States, Germany

Portfolio highlights

Yemece — Yemece offers its customers the opportunity to design their own menus.
Fortune Mine Games — Fortune Mine is a mobile social gaming company with target operating markets in North America & Oceania. Freshly founded in 2021, we are headquartered in Istanbul; one of the major mobile gaming hubs.
VRLab Academy — VRLab Academy | Virtual Experiments

ITU ARI Teknokent initiative is a University-industry collaboration that enabled many technology based entrepreneurial companies to benefit form the academic infrastructure provided by ITU.